Press release
Impact Of Rising Infertility Rates On The Market Growth: A Key Factor Shaping the Future of the Luveris Market in 2025
Luveris Market Size
The luveris market is predicted to expand as a result of the increasing infertility rates. These rates represent the proportion of couples or individuals who, after a specified period of unsuccessful attempts, usually over a year of unprotected sex, cannot conceive. The rise in infertility is linked to things such as postponed childbearing, lifestyle choices, environmental contaminants, and underlying health issues. Luveris (lutropin alfa) is utilized to aid women with deficient levels of luteinizing hormone (LH) ovulate and foster egg development in the ovaries. For example, in July 2024, the Human Fertilization and Embryology Authority, a UK-based fertility treatment and research authority, stated that around 52,500 individuals underwent IVF, and 3,000 were treated with donor insemination (DI) at HFEA accredited fertility clinics in the UK in 2022. The count of IVF cycles, encompassing both fresh and frozen embryo transfers, escalated to 77,000 in 2022, reflecting an 11% rise from 69,000 in 2019. Consequently, the upsurge in infertility rates will prompt the luveris market's growth.
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What growth opportunities are expected to drive the luveris market's CAGR through 2034?
In the past few years, the luveris market size increased by XX (HCAGR). The market is predicted to expand from $XX million in 2024 to $XX million in 2025, with a compound annual growth rate (CAGR) of XX%. Such significant growth in the past has been due to factors such as the surge in the number of fertility clinics, higher healthcare expenditures, the escalating use of personalized medicine, growing obesity rates, and rising levels of urbanization.
Expectations are high for an impressive expansion of the Luveris market in the forthcoming years with a forecasted compound annual growth rate (FCAGR) of XX%. The market is anticipated to climb to a value of $XX million by 2029, experiencing a compounded yearly growth rate of XX%. Several factors facilitate this surge including the growing incidence of infertility in both genders, increased prevalence of hormone-based disorders, a higher rate of obesity, ramped up investment in fertility research, and a rise in genetic screening. During this forecast period, several key trends are predicted to shape the future of the market. These include technological innovations, advancements in assisted reproduction techniques, the development of hormone treatment methods, a shift towards personalized medicine, and the utilization of artificial intelligence.
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What are the emerging trends shaping the future of the luveris market?
The primary trend observed in the luveris market is the adoption of an investment strategy focused on the production and advancement of innovative medicines. These strategic investments aim to fulfill important long-term business goals such as obtaining a competitive edge, growing market share, or improving operational functions. For example, in April 2024, Merck KGaA, a science and technology firm based in Germany, allotted $316 million (€300 million) to establishing a new research facility at their global headquarters in Darmstadt, Germany. This state-of-the-art research facility will concentrate on devising solutions for the production of antibodies, mRNA applications, and other vital products for biotechnological manufacture within the Life Science segment of Merck. The facility will amalgamate research on critical technologies such as the production of antibodies, recombinant proteins, and viral vectors with raw materials and processes. Additionally, it will enhance research in areas like cell culture media, pharmaceutical formulation and purification aids, digital reference materials, and the progression of analytical chromatography, a technique for separating, measuring, and quantifying chemical substances. The facility will also include research around the mRNA value chain.
Which growth-oriented segments of the luveris market are leading the industry's development?
The luveris market covered in this report is segmented -
1) By Formulation: Injectable Formulation (Intravenous), Pre-Filled Syringes
2)By Indication: Treatment Of Hypogonadotropic Hypogonadism, Ovulation Induction, Assisted Reproductive Technology
3) By Route of Administration: Subcutaneous Injection, Intramuscular Injection
4) By Patient Demographics: Adult Female Patients, Adult Male Patients, Couples Undergoing Fertility Treatments
5) By End User: Hospitals, Fertility Clinics, Specialty Pharmacies, Home Healthcare Providers
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What regions are leading the charge in the luveris market?
North America was the largest region in the luveris market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the luveris market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What companies are at the forefront of innovation in the luveris market?
Major companies operating in the luveris market include Merck KGaA
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What Is Covered In The Luveris Global Market Report?
•Market Size Forecast: Examine the luveris market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the luveris market for a structured understanding.
•Key Players Overview: Analyze major players in the luveris market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the luveris market.
•Segment Contributions: Evaluate how different segments drive overall growth in the luveris market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the luveris market.
•Industry Challenges: Identify potential risks and obstacles affecting the luveris market.
•Competitive Landscape: Review strategic developments in the luveris market, including expansions, agreements, and new product launches.
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